Pardun Corporation's management keeps track of the time it takes to process orders.During the most recent month, the following average times were recorded per order: 
Required:
a.Compute the throughput time.
b.Compute the manufacturing cycle efficiency (MCE).
c.What percentage of the production time is spent in non-value-added activities?
d.Compute the delivery cycle time.
Definitions:
Price Cuts
A reduction in the selling price of goods or services, usually to stimulate demand or compete more effectively.
Price War
Successive, competitive, and continued decreases in the prices charged by firms in an oligopolistic industry. At each stage of the price war, one firm lowers its price below its rivals’ price, hoping to increase its sales and revenues at its rivals’ expense. The war ends when the price decreases cease.
OPEC
The Organization of the Petroleum Exporting Countries, a group of oil-producing nations that coordinates policies to control the supply and influence the price of oil on the global market.
Oil Cartel
An alliance of oil-producing countries or companies that agree to control oil production levels and prices, often to exert influence on the global market.
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